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As CIB is part of the Insolvency Service, does it only investigate companies which have gone bust?

April 26, 2017bust cib companies gone Insolvency investigate service

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As CIB is part of the Insolvency Service, does it only investigate companies which have gone bust?

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No. In fact, CIB usually only investigates companies that are actively trading, or which have simply ceased trading without going into any formal insolvency proceedings. CIB can still investigate companies which have gone into formal insolvency proceedings. (This is covered by other FAQs).